StockNews.com Initiates Coverage on Willamette Valley Vineyards (NASDAQ:WVVI)

StockNews.com began coverage on shares of Willamette Valley Vineyards (NASDAQ:WVVI) in a research note issued to investors on Wednesday. The firm issued a hold rating on the stock.

Willamette Valley Vineyards Stock Performance

Shares of NASDAQ WVVI opened at $4.43 on Wednesday. The company has a current ratio of 2.33, a quick ratio of 0.28 and a debt-to-equity ratio of 0.25. The business has a fifty day simple moving average of $4.94 and a 200 day simple moving average of $5.16. Willamette Valley Vineyards has a one year low of $4.40 and a one year high of $6.59. The firm has a market capitalization of $21.97 million, a price-to-earnings ratio of -6.82 and a beta of 0.70.

Willamette Valley Vineyards (NASDAQ:WVVI) last released its quarterly earnings data on Tuesday, March 26th. The company reported ($0.15) earnings per share (EPS) for the quarter. Willamette Valley Vineyards had a negative return on equity of 4.09% and a negative net margin of 3.06%. The company had revenue of $10.75 million for the quarter.

About Willamette Valley Vineyards

Willamette Valley Vineyards, Inc produces and sells wine in the United States and internationally. The company operates through two segments, Direct Sales and Distributor Sales. It primarily offers Pinot Noir, Chardonnay, Pinot Gris, Pinot Blanc, Sauvignon Blanc, Gruner Veltliner, Rose, Brut, Brut Rose, and Riesling branded wines under the Willamette Valley Vineyards label; Semi-Sparkling Muscat branded wine under the Tualatin Estate Vineyards label; Syrah, Merlot, Cabernet Sauvignon, Grenache, Cabernet Franc, Tempranillo, Malbec, The Griffin, and Viognier branded wines under the Griffin Creek label; and Brut, Brut Rose, and Blanc de Blancs under the Domaine Willamette label.